“Most people are not aware of how much cash we have circulating in the euro zone,” said Sebastian Dullien, a senior policy fellow at the European Council on Foreign Relations.
The globalisation is supposed to mean cooperation between states. The closer relationship leads to new dangers and new wars, “Connectivity Wars” – our recent essay collection in the German weekly Wirtschaftswoche.
China, Japan and Australia are already fearing a possible Brexit, says Almut Möller. A Brexit would be followed by a phase of negotiating and legal insecurity – with severe consequences for international trade partners of Britain and the EU.
According to Josef Janning's estimation, the European Union will not fail because of the refugee crisis. However, tensions within the EU could intensify, if a common solution can't be found.
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